Mutual fund houses in 2024 have launched around 170 new funds, with a significant focus on passive schemes like index funds and ETFs. Experts suggest investors consider large-cap passive funds due to their lower expense ratios, while cautioning about the risks associated with sectoral and thematic funds.
Oil slides on Mideast respite, yen down as Japan govt loses majority
In Japan, the LDP which has ruled for most of the post-war years and junior coalition partner Komeito won 215 lower-house seats at Sunday’s election,